Assura plc (AGR.L) issued trading update for the third quarter to 31 December 2024. The Group said it has maintained momentum in the third quarter continuing to deliver against strategic objectives. Assura said it is on track to hit target net debt to EBITDA below 9 times and LTV below 45% over the next 12 to 18 months.
Jonathan Murphy, CEO, said: "The recently acquired 14 private hospitals are now fully embedded into our portfolio and are performing as we anticipated. Our asset disposal programme, announced at the time of our private hospital acquisition, raised 48 million pounds during the period and active discussions are underway on a further 110 million pounds."
The Group said its portfolio now stands at 608 properties with an annualised rent roll of 176.9 million pounds. Net debt was 1.53 billion pounds on a fully unsecured basis.
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